Securities & Investment Company announces 2011 financial results. “Profitability maintained in a year considerably more testing than expected

Manama, Kingdom of Bahrain, 28 February 2012: Bahrain-based regional investment bank, Securities & Investment Company (SICO), announced today its financial results for the year ending 31 December 2011.

Operating income for 2011 was BD 4.63 million compared with BD 7.85 million for the previous year; while net profit declined to BD 488 thousand from BD 3.785 million in 2010. Basic earnings per share fell to fils 1.145 versus fils 8.9 in 2010.